News

Rouse Services Added 60 New Customers, Appraised More Than $50B in 2022

In 2022, Rouse Services added 60 new rental companies and dealers to its customer base and conducted appraisals of more than $50 billion of equipment across North America and the UK. read more

First Citizens Bank Provides Financing to Purus Clean Energy

The maritime finance group of First Citizens Bank provided financing to Purus Clean Energy, a subsidiary of Purus Marine, to support the acquisition of the MV Green Power, a 40,000 cbm ammonia carrier. read more

Air Lease Places 3 Airbus A350-900 on Long-Term Lease with Air France

Air Lease announced long-term lease placements for three new Airbus A350-900 widebody aircraft with Air France. The aircraft are scheduled to deliver to Air France in Q2/24 from Air Lease’s order book with Airbus. read more

KBRA Wins Big at The Asset Awards

Kroll Bond Rating Agency was named The Asset Triple A Rating Agency of the Year for 2022 in two categories at The Asset Awards, which are productid by financial market publication The Asset. read more

GA Telesis and Tokyo Century Launch HALO AirFinance

GA Telesis and Tokyo Century launched a new joint venture lending platform, HALO AirFinance, which will serve as the exclusive debt origination channel for GA Telesis and Tokyo Century. read more

Tandem Finance Increases Funding by 58% Y/Y in 2022, Expands BD and PM Teams

In 2022, Tandem Finance completed more than $333 million in small-ticket equipment finance funding, yielding year-over-year growth of 58%. read more

CLFP Foundation Adds 12 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation reported that 12 individuals recently passed the eight-hour, online-proctored CLFP exam. read more

Chapter 11 Bankruptcy Filings Increase 83% Y/Y in February

New bankruptcy filings in February registered double-digit year-over-year increases across all major U.S. filing categories, according to data provided by Epiq Bankruptcy, including an 83% increase in Chapter 11 filings. read more

Encina Equipment Finance Provides $10MM Equipment Lease to Plastics Designer and Manufacturer

Encina Equipment Finance provided a $10 million lease to a plastics designer and manufacturer to finance new and existing manufacturing equipment. read more

Castlelake Aviation Closes $635MM Term Loan

Castlelake Aviation, a corporate lessor of commercial aircraft, closed a $635 million incremental term loan B facility. The company used proceeds of the facility to refinance existing debt and for general corporate purposes. read more

ACT Research Focuses on Decarbonization at Latest Seminar

ACT Research’s 68th seminar, Driving Decarbonization: The Future of Commercial Vehicles, welcomed transportation industry professionals like Brent Yeagy, president and CEO of Wabash, to continue the discussion on decarbonization and how it is reshaping the industry. read more

CASE Construction Partners with Crew Collab to Build Counseling Program for Students

CASE Construction Equipment partnered with nonprofit Crew Collaborative to sponsor and help build up FrameWork, an-all new career counseling and mentoring program for high school students interested in the construction industry.  read more

PEAC Solutions Partners with Bepensa Capital to Expand Financing in Mexico

PEAC Solutions, a multinational asset and vendor finance platform, and Bepensa Capital, the holding company of FinBe ABC, an independent financing company in Mexico, entered a partnership to provide financing solutions in Mexico. read more

SLR Equipment Finance Names Libert SVP of Business Development

SLR Equipment Finance appointed Kevin Libert a senior vice president of business development. Libert began his career with ITT Industrial Credit Company and was most recently with Central Coast Lending. read more

Capteris Capital Closes $10MM Lease to Sponsor-Owned Private Company

Capteris Capital, an equipment finance company supported by the capabilities of Wheels and MidCap Financial, closed a $10 million lease through one of its strategic capital market partners to finance construction equipment for a sponsor-owned private company. read more

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Terry Mulreany
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